An Unsettling Possibility: How Shale Gas Production Increases the Potential for Loss Through Adverse Possession
Article from: OGEL 5 (2012), in Unconventional Oil and Gas
Shale gas is rocking the world. Promising to shake up geopolitics, alter renewable energy markets, and encourage investment in advanced production methods, shale gas is quickly becoming a worldwide game changer. The United States will likely be a long-term player in this exploding market, with its domestic reserves predicted to meet current needs for at least 45 years. At least 862 trillion cubic feet (tcf) of the United States' total 2,543 tcf are in shale formations, with this estimate expected to rise as more complete information becomes available. In the coming ...